“Our partnership with AccessFintech will allow the visualisation and categorisation of the most up to date reference and pricing data," says Heiko Stuber, senior product manager at SIX
The association is pushing for the EC to review the current CSDR SDR in line with stakeholder comments to ensure that SDR is also implemented as one legislation
“Joining Broadridge represents an exciting next chapter for our business and team by creating a leading front-to-back capital markets technology and operations provider,” says Itiviti’s CEO Rob Mackay
In the current market environment, the process of resolving settlement failures is manual, which Broadridge explains leads to greater operational risk, inefficiency, a challenging user experience, and regulatory non-compliance under CSDR requirements
While BNY Mellon's Martin Smith notes that the penalty regime is fairly understood, he highlights that there is a question mark over what is going to happen with the buy ins
Responses from the consultation, which ran from 8 December last year to 1 February this year, also showed that 14 respondents requested the buy-in regime be retained while 26 either did not respond or were neutral